{"id":80885,"date":"2020-10-02T18:30:28","date_gmt":"2020-10-02T15:30:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ubers-logistics-arm-is-now-valued-at-over-3-3-billion\/"},"modified":"2020-10-02T18:30:28","modified_gmt":"2020-10-02T15:30:28","slug":"ubers-logistics-arm-is-now-valued-at-over-3-3-billion","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ubers-logistics-arm-is-now-valued-at-over-3-3-billion\/","title":{"rendered":"#Uber\u2019s logistics arm is now valued at over $3.3 billion"},"content":{"rendered":"

“#Uber\u2019s logistics arm is now valued at over $3.3 billion<\/strong>”
\n<\/p>\n

\n Uber Freight, the ride-hail giant\u2019s logistics arm, is now worth more than $3 billion after a new investment.<\/p>\n

Uber said Friday that New York-based private equity firm Greenbriar Equity Group will invest $500 million into the company in a deal that pegs its value at $3.3 billion.<\/p>\n

The logistics platform operates as a middle man in the long-haul trucking business by connecting truckers with shippers. Uber will maintain majority ownership of Uber Freight and use the $500 million to scale and increase product innovation.<\/p>\n

The unit is now valued at $3.3 billion.<\/p>\n

Michael Weiss and Jill Raker, managing partners of Greenbriar, will join Uber Freight\u2019s board, the companies said in a statement.<\/p>\n

Uber Freight is not the company\u2019s first business to receive a sizable outside investment. The company\u2019s autonomous driving unit, which has already burned through more than $2.5 billion, last year got a $1 billion investment from a Toyota-led fund. It\u2019s likely to continue raising funds from outside investors as profitability is still years away.<\/p>\n

Shares of Uber were down 1.1 percent Friday morning, at $36.75.<\/p>\n

With Post wires<\/em>\n <\/div>\n

\n

For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Uber\u2019s logistics arm is now valued at over $3.3 billion” Uber Freight, the ride-hail giant\u2019s logistics arm, is now worth more than $3 billion after a new investment. Uber said Friday that New York-based private equity firm Greenbriar Equity Group will invest $500 million into the company in a deal that pegs its value at…<\/p>\n","protected":false},"author":1,"featured_media":80886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/10\/freight-1.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[73973,1450],"class_list":["post-80885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-2-20","tag-uber"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/80885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=80885"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/80885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/80886"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=80885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=80885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=80885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}